BGG 0.00% 4.4¢ blackgold international holdings limited

Anyone following BGG on HC?I have taken a position in it over...

  1. 3,696 Posts.
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    Anyone following BGG on HC?

    I have taken a position in it over the last few weeks and I like what I see.

    Another coal acquisition today, following the Wushan Mine acquisition a few months ago.

    Quarterly due next week, and I am hopeful of an update as to how they are progressing regarding the Wushan JORC work currently being done.

    They made $12m for the first half and are on track to do alot more in the 2nd half.. not to mention the solid growth over the next couple of years.

    Current market cap under $150m

    Notwithstanding the risks, it seems very cheap to me and a re-rate will come in due course.
 
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Currently unlisted public company.

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